It was a down day for U.S. equities as the energy industry fell 1% and basic materials declined 0.7% Monday. The S&P 500 Index fell a fraction of a percentage, the Dow Jones Industrial Average gained 0.1% and the Nasdaq Composite fell 0.2%.

Tech Data Corp (TECD)

The company posted third-quarter adjusted earnings of $2 per share to close out its fall quarter, topping the $1.93 cents per share that analysts were calling for.

On the revenue front, Tech Data impressed as well, as the company raked in $9.14 billion, topping the $9.11 billion that the Wall Street consensus estimate predicted. The figure also rose 41% compared to the year-ago mark.

Net sales in the Americas were $4 billion, marking 44% of its worldwide net sales and rising 53% year-over-year. The addition of its Technology Solutions segment helped fuel the company’s boost.

Tech Data’s net sales in Europe were even higher at $4.8 billion, or 53% of its worldwide net sales and a 25% increase year-over-year. Asia Pacific net sales were $300 million, or 3% of its worldwide net sales.

For the current fourth quarter of fiscal 2018, the company forecasts that it will earn between $3.35 and $3.65 per share on an adjusted basis compared to the Wall Street outlook of $3.38 per share.

UnitedHealth Group Inc (UNH)

UnitedHealth Group shares may be struggling Tuesday morning following the company’s Monday outlook.

For its fiscal year 2018, the company projects that it will bring in revenue between $223 billion and $225 billion. Analysts were calling for revenue of $218 billion for the period.

UnitedHealth underwhelmed in its adjusted net earnings guidance, which is slated to be between $10.55 and $10.85 per share, compared to the analysts consensus of $10.81 per share in 2018.

The company also said its revenue for fiscal year 2017 will be higher than $200 billion, in line with estimates. It added that adjusted net earnings will be around $10 per share, compared to the Wall Street forecast of $9.99 per share.

UnitedHealth added that it sees its cash flows from operations as being in the range of $13.3 billion to $13.8 billion in 2018.

UNH stock dipped as much as 1.1% after Monday’s market close.

As of this writing, Karl Utermohlen did not hold a position in any of the aforementioned securities.